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Railway wagon stocks in focus; Texmaco, Jupiter, Titagarh soar up to 13%
Titagarh Rail Systems soared 13 per cent to ₹870 in intraday on the back of a 10-fold jump in trading volumes. Texmaco Rail & Engineering surged 8 per cent, while Jupiter Wagons gained 7 per cent .
Titagarh Rail Systems arm launches fourth diving support craft A23 for Indian Navy
On Friday (April 17), shares of Titagarh Rail Systems Ltd ended at ₹742.00, up ₹4.80, or 0.65%, on the BSE.
Sensex Today Rallies 510 Points | Nifty Above 23,100 | Titagarh Rail Systems Up 12% - Equitymaster
Sensex Today Rallies 510 Points | Nifty Above 23,100 | Titagarh Rail Systems Up 12%Equitymaster
Stocks making the biggest moves midday: Wipro, Jubilant Food, Titagarh Rail and more - The Financial Express
Stocks making the biggest moves midday: Wipro, Jubilant Food, Titagarh Rail and moreThe Financial Express
Titagarh Rail shares rally 16% in two days. Here's why Jefferies is bullish on this railway stock
Titagarh Rail Systems shares surged following Jefferies' 'Buy' rating, citing robust growth prospects in passenger and metro coaches driven by increased railway spending. The brokerage forecasts significant revenue and EPS growth, projecting a substantial rise in return on equity. In contrast, Jupiter Wagon received an 'Underperform' rating due to its higher valuation and slower growth expectations.
Titagarh Rail arm gets in-principle nod for ₹610-cr expansion in West Bengal's Falta shipyard
Titagarh Naval Systems won an in principle approval for a ₹610-crore brownfield shipyard expansion at Falta; to receive ₹129-crore government aid, boosting India's defence and export shipbuilding. Shares of Titagarh Rail Systems ended at ₹639.10 on the NSE, up ₹24.20 or 3.94%, on April 6.
Jefferies initiates contrasting calls on two railway stocks; flags 32% upside in one, downside risk in other
Jefferies remains bullish on railway rolling stocks as it sees a 10% FY26-30E CAGR in sectoral spending. It believes Titagarh Rail is better suited to capture this growth compared with Jupiter Wagons.
Here's why Jefferies sees 32% upside on one railway stock but 22% downside in another
11 out of the 12 analysts that have coverage on Titagarh Rail have a "buy" rating on the stock, while the other one has a "hold" rating, while six analysts cover Jupiter Wagons, with two having a "buy" rating, three recommending a "hold", while one has a "sell" rating on the stock.
Jefferies initiates coverage on 2 rail stocks, says Titagarh can rally 32%
Jefferies initiated coverage on rail rolling stock makers, recommending a Buy for Titagarh Rail Systems with an Rs 810 target, citing strong passenger and metro coach demand. Conversely, it issued an Underperform rating for Jupiter Wagons with a Rs 200 target, citing its freight-heavy business and slower growth prospects.
Stocks to Watch Today: PB Fintech, Bajaj Finance, CSB Bank, Ujjivan SFB, Marico, Titagarh Rail, BLS E-Services, Adani Enterprises in focus on 03 July
Stocks to Watch, 3 Jul: Stocks like Bajaj Finance, Union Bank of India, CSB Bank, Hindustan Zinc, Mahindra and Mahindra Financial Services, Equitas Small Finance Bank, Avenue Supermarts, PC Jeweller, Marico, Titagarh Rail Systems, PB Fintech, BLS E-Services, LG Electronics India, and Adani Enterprises will be in focus on July 3.
Trade Spotlight: How should you trade Kalpataru Projects, Titagarh Rail Systems, Chambal Fertilisers, Swiggy, Bharti Airtel, Titan, and others on June 17?
The mood at Dalal Street is likely to remain positive despite range-bound trading. Below are some short-term trading ideas to consider.